The government has proposed a new law that would allow foreign investors to purchase ownership shares of up to 50 percent in a Turkish media organ (see also coverage from Bianet). Additionally, under the proposal foreign investors can buy shares in more than one company, though shares in a second or third company would not exceed 25 percent. Foreign investors would continue to be disallowed from investing in regional and local broadcasting.
The proposal also places the Turkish Radio and Television Corporation (TRT) under the control of the Radio and Television Supreme Council (RTUK).
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